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New York Observer

Sneaker Stores Are a Shoe-in for Landlords, Especially in Midtown

 

Zach Diamond of Winick Realty Group represented the rapper Fat Joe in finding the space for his retail specialty store Up NYC, which opened this past November at 3806 Broadway between West 158th and West 159th Streets in Washington Heights.

He said the 2,500-square-foot space is succeeding due to sneakers’ evolving status as prized collectables, or valued items that fetch a sizable markup on resale.

“[Up NYC sells] higher-end Nike and Jordan brands which are limited edition,” Diamond said. “The whole sneaker craze now is that people are waiting in line for three days just to buy shoes at, let’s say, $300, and once they get them, they turn them for $500.”

Diamond recalled how, when the Washington Heights store opened, Fat Joe carried 10 exclusive models.

“The lines [in front of the store] started on Wednesday, and the opening was Saturday,” he said, noting that the opening featured appearances by rappers including Remy Ma and 50 Cent. “There were lines three blocks down the street before the store even opened. It was crazy.”

For more, download the full article in PDF

NY Observer-032917-Sneaker Stores Are a Shoe-in for Landlords, Especially in Midtown

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

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Winick Realty Group Leases Washington Heights Storefront to New Sneaker Store Collaboration

zach-diamond-print-ver-profile-001The Up NYC, a Nike-authorized sneaker store that marks the first collaboration between rapper Fat Joe and entrepreneur Scott Spina, has signed a lease for approximately 3,000 square feet of prime Washington Heights retail at 3806 Broadway.

Spina, a 19-year-old, New Jersey-based sneaker reseller, got his start selling rare shoes to a host of celebrities, including Fat Joe, and many of his celebrity contacts are expected to make surprise guest appearances at The Up NYC.

Fat Joe described The Up NYC as “a store within a store” that is going to be “like a museum that no one’s ever done before.” The store will be a destination for shoppers seeking the newest sneakers on the market, including Nike and Air Jordan, for whom the store will serve as an authorized retailer.

The store, which was created by Nike designers, is situated in a high-visibility location between West 158th and West 159th Street. “Fat Joe is from Upper Manhattan, so he loved this location and is excited to bring his new concept to his hometown,” said Winick Realty Group’s Zach Diamond.

Diamond represented the tenant in the long-term lease transaction, while landlord 3800 Broadway Associates LLC was represented in-house by David Israeli.

For more, download the full article in PDF

mann-newswire-102416-winick-realty-group-leases-washington-heights-storefront-to-new-sneaker-store-collaboration

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Citybizlist

Winick Realty Group Leases Washington Heights Storefront to New Sneaker Store Collaboration

up-nycThe Up NYC, a Nike-authorized sneaker store that marks the first collaboration between rapper Fat Joe and entrepreneur Scott Spina, has signed a lease for approximately 3,000 square feet of prime Washington Heights retail at 3806 Broadway.

Spina, a 19-year-old, New Jersey-based sneaker reseller, got his start selling rare shoes to a host of celebrities, including Fat Joe, and many of his celebrity contacts are expected to make surprise guest appearances at The Up NYC.

Fat Joe described The Up NYC as “a store within a store” that is going to be “like a museum that no one’s ever done before.” The store will be a destination for shoppers seeking the newest sneakers on the market, including Nike and Air Jordan, for whom the store will serve as an authorized retailer.

The store, which was designed by Nike designers, is situated in a high-visibility location between West 158th and West 159th Street. “Fat Joe is from Upper Manhattan so he loved this location and is excited to bring his new concept to his hometown,” said Winick Realty Group’s Zach Diamond.

Diamond represented the tenant in the long-term lease transaction, while landlord 3800 Broadway Associates LLC was represented in-house by David Israeli.

For more, download the full article in PDF

citybiz-102016-winick-realty-group-leases-washington-heights-storefront-to-new-sneaker-store-collaboration

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Winick Realty Group LLC Represents Rare Washington Heights Retail Opportunity

Winick Realty Group LLC recently announced an opportunity for retailers to join the West 181st Street retail corridor in the heart of the up-and-coming Washington Heights neighborhood.

Senior Managing Director Zach Mishaan and Associate Aaron S. Fishbein are exclusively marketing the retail availability at 604 West 181st Street on behalf of landlord Maverick Management. The two-level space consists of 3,900 square feet of ground-floor space and 2,750 square feet of space in the lower level. Ideal for retailers of all types, the location features high ceilings on both floors and 26 feet of West 181st Street frontage.

“This retail location sits on the best block of the West 181st Street shopping corridor. It’s between Saint Nicholas and Wadsworth Avenues, just across the street from the 1 and A trains and close to a variety of bus lines,” said Mishaan and Fishbein. “There is great foot traffic on the street, thanks to the influx of families to the area in recent years, as well as the amazing national tenants that populate the strip.”

West 181st Street is filled with successful, highly recognizable national brands, including Foot Locker, Duane Reade, Chase Bank, AT&T, Dunkin Donuts and the Vitamin Shoppe. The retail space at 604 West 181st Street is ideally situated between outposts of Modell’s Sporting Goods and The Children’s Place.

For more, download the full article in PDF

mann newswire-080912-Winick Realty Group LLC Represents Rare Washington Heights Retail Opportunity

Real Estate Weekly

Winick Handling W. 181st Street Exclusive

Winick Realty Group LLC announced an opportunity for retailers to join the exceptional West 181st Street retail corridor in the heart of up-and-coming Washington Heights.

Senior managing director Zach Mishaan and associate Aaron S. Fishbein are exclusively marketing the retail availability at 604 West 181st Street on behalf of landlord Maverick Management.

The two-level space consists of 3,900 s/f of ground-floor space and 2,750 s/f of space in the selling lower level. Ideal for retailers of all types—including banks, fashion tenants and food users—the location features high ceilings on both floors and 26 feet of West 181st Street frontage.

“This retail location sits on the best block of the West 181st Street shopping corridor. It’s between Saint Nicholas and Wadsworth Avenues, just across the street from the 1 and A trains and close to a variety of bus lines,” said Mishaan and Fishbein.

“There is great foot traffic on the street, thanks to the influx of families to the area in recent years, as well as the amazing national tenants that populate the strip.”

West 181st Street is teeming with highly-recognizable national brands, including Foot Locker, Duane Reade, Chase Bank, AT&T, Dunkin Donuts and the Vitamin Shoppe.

The retail at 604 West 181st Street is ideally situated between outposts of Modell’s Sporting Goods and The Children’s Place.

For more, download the full article in PDF

rew_080812_winick handling w. 181st street exclusive